KLIPPAN, Sweden, Sept. 27, 2005 (PRIMEZONE) -- Jan Bernander and Stefan Lersten have sold 1 million shares in KLIPPAN AB to Nove Capital and associated companies. After this, Weland AB owns some 17 percent of the capital and votes, while Nove Capital and associated companies own some 12 percent and Jan Bernander and Stefan Lersten some 12 percent.
Issue guarantee
KLIPPAN AB has received an offer from Nove Capital of a guarantee for a further MSEK 38.2 relating to the planned new share issue. The guarantee would ensure that a fully guaranteed share issue of MSEK 200, in accordance with the decision made by the annual general meeting, can be carried out. The guarantee is conditional upon the proposed settlement being accepted within the period allowed, and that all major creditors participate in accordance with the terms previously communicated. In other respects, the same conditions apply as for the other guarantors.
KLIPPAN AB The Board
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